Vista lost $40 million from the impact of the coronavirus

Vista, a company, created less than four years ago, has all its operations in Vaca Muerta. The collapse of oil consumption and the collapse of international prices doubly affected Vista, which reported losses of nearly $40 million in the second quarter of the year. Vista refinanced $75 million of upcoming maturities in 2020 and 2021. $45 million was extended for 18 months and corresponded to the syndicated loan with a consortium of banks, and $30 million represents to short-term bank debt that extended from 12 to 18 months.

Source: La Nación